February 15, 2023

News to Know

Multicurrency Apps Are Changing How People Spend Money When Traveling Internationally

Traveling abroad can be incredibly exciting — experiencing a new culture, taking in new sights and learning about world history. But it can also be frustrating — standing in line at customs, trying to learn a new language in a short amount of time and dealing with jet lag.

But thanks to some new financial apps, at least one thing is easier about international trips: saving money on currency exchanges.

They’re called “multicurrency accounts,” and The New York Times described these as accounts which allow travelers “to exchange their money at more favorable rates and with little to no transaction fees.” Funds can be added within the app in various currencies and travelers can use their phones to pay for goods and services when visiting foreign countries. They can be used for both personal and business travel.

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JetBlue Signs Renewed Passenger Service System and Distribution Agreement with Sabre to Help Propel Retailing and Digital Transformation (PR NEWSWIRE)

Asia Aviation: Singapore Changi Airport ‘Leading Asia Pacific in Travel Recovery‘– Part One (CENTRE FOR AVIATION)

All Nippon Airways Expands Distribution Agreement with Amadeus (TRAVEL NEWS ASIA)


OYO Back to Expansion in UK, Adds 40 Hotels and Doubles Revenue in 2022 (TRAVEL DAILY NEWS)


Travel App Sojo to Reward Passengers for Choosing Sustainable Transport (TRAVEL DAILY NEWS)

Majority of Travelers Want Sustainable Options and Are Willing to Pay For It (TRAVEL PULSE)


Travel Technology Market Next Big Thing | Major Giants- mTrip, Travelport, Sabre (DIGITAL JOURNAL)

Rail-air Success for Lufthansa and Deutsche Bahn at Frankfurt (BUSINESS TRAVELLER)

Corporate Travel Management Eyes Record Full-Year Profit as Flying Returns to 'Business As Usual' (BUSINESS NEWS AUSTRALIA)

Industry Spotlight

GBTA Professional Development
Celebrating International Women’s Day, Welcoming New Advisory Board Leaders

International Women's Day on March 8 is a “global day celebrating the social, economic, cultural, and political achievements of women.” Mark your calendar to join GBTA WINiT for a live virtual event: “Celebrating our Voices on International Women’s Day. A Day to #EmbraceEquity” (register here) The WINiT event is free and open to all to attend.

GBTA WINiT also welcomes two new elected industry leaders to its Strategic Advisory Board: Patricia Huska, Chief People Officer at American Express GBT and Laura Smith, Executive Vice President Global Sales & Customer Experience at Hertz Corporation.

Both Patricia and Laura have been a part of the WINiT Advisory Board and have been active committee leaders. They will share the position most recently held by Beth Kinerk, who steps down to focus on her new role of Vice President of the GBTA Allied Leadership Council.

Read More Here


GBTA Webinar
Carbon Emissions Reporting: What's Best Practice?

March 15 | 1:30 PM SGT

You can’t manage what you can’t measure. Data is the foundation to any good business strategy, and in the world of Sustainability carbon emissions is king. Without industry standards in place, it’s hard to know what is best-practice when it comes to carbon emissions calculations and reporting metrics.

Come join us unravel the various reporting methodologies and best practices for carbon reporting that can lead to a more sustainable travel strategy.



Crisis24 Intelligence Brief

Argentina - Labor activists plan to protest in central Buenos Aires, Argentina, Feb. 15; heightened security, transport disruptions likely.

Colombia - Activists plan to demonstrate against President Gustavo Petro across Colombia Feb. 15. Disruptions are likely.

France - Labor unions call for nationwide strikes and demonstrations in France Feb. 16; business and transport disruptions are likely.

Italy - Unionized public transport workers plan to strike in multiple cities and urban centers across Italy, Feb. 17; service disruptions likely.

United States - Severe weather forecast across South, Southeast, and Ohio Valley, US through early Feb. 17. Disruptions likely; tornadoes possible.

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Upcoming Events

GBTA’s BTI Outlook: A Look at Europe
February 22 | 3:00 PM CET

Carbon Emissions Reporting: What's Best Practice?
March 15 | 1:30PM SGT

GBTA Conference 2023 | Mexico City
March 15 - 16

GBTA Convention 2023
Aug 13 - 15

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Corporate Travel Team Program - Here’s how it works:

Organizations will receive unlimited complimentary buyer registrations after four (4) paid registrations. Attendees must be active, direct members of GBTA to qualify.

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GBTA Career Spotlight
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Use the GBTA Career Center to post your business travel job openings and access thousands of qualified industry professionals looking to make their next career move.

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